We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Bojangles, Inc. | NASDAQ:BOJA | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 16.09 | 16.08 | 16.10 | 0 | 01:00:00 |
Southeastern chicken restaurant chain Bojangles' Inc. on Wednesday boosted its outlook for the year again, as revenue and profit grew in its third quarter.
Shares jumped 7.4% in after-hours trading.
The Charlotte, N.C., company said it is now expecting revenue of $486 million to $488 million, up from its previous guidance of $483.5 million to $487.5 million.
It expects pro-forma earnings of 79 cents to 81 cents a share, compared with its previous guidance of 75 cents to 78 cents a share.
Bojangles', known as Bojangles' Famous Chicken 'n Biscuits, went public in May with an initial public offering price of $19 a share. The company's stock opened at $26.55 and set a high of $28.45 six days later. On Wednesday, the company's shares closed at $17.92 a share after tumbling 27% in the past three months.
For the period ended Sept. 27, Bojangles' continued to log sales growth at existing restaurants.
Sales at restaurants open for at least 15 months, a closely watched industry metric, rose 4.1%, beating the 3.4% growth analysts had forecast, according to Consensus Metrix. The company has logged 22 straight quarters of growth in the metric.
In all, company reported a profit of $8.91 million, or 24 a share, up from $6.99 million, or 19 cents a share, a year earlier.
On a pro-forma basis, per-share earnings were 23 cents. Analysts had forecast 18 cents a share in earnings.
Revenue grew 13% to $124.3 million, topping the $122.2 million in revenue analysts had forecast.
Bojangles' said revenue for the quarter was helped by having 46 more restaurants compared with the year-earlier period.
Write to Chelsey Dulaney at Chelsey.Dulaney@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
November 04, 2015 17:35 ET (22:35 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
1 Year BOJANGLES', INC. Chart |
1 Month BOJANGLES', INC. Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions